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on this software mogul, mcafee and new fiscal cliff concerns despite the today's jobs report as the unemployment numbers dropped. those stories and more coming up at 5:34 5:30 (male announcer) live from the kron 4 news station, this is the kron 4 news with eight developing story. >>pam: a number of people killed at a traffic collision grant lodes has an update. >> this happened just south of brentwood in eastern contra costa county, three people have killed. three people have been killed, right along byron highway and clifton court bay look at this. this is why by iryron.. highway is closed. look at the damage to the front end of that saddam and. at byron highway.. barris no estimate on when this stretch will be opened but three people have died. we will continue to follow this developing story. >> the hospital had been supportive of this very difficult time. this was a first-class cars. grandma now at 5-30. this was a first-class nurse a -- >> the phone prank involving the duchess of cambridge has taken a very dark turn. a nurse is dead -- and two australian d-j's have been taken off the air. c
a good policy and avoid the fiscal cliff. >>> a court arrangement on new charges for the man accused of kidnapping and killing missing sierra lemar. he faces three counts of attempted kidnapping charges in connection with attacks on three women in 2009 in the parking lots of safe way stores in morgan hill. he is expected to enter a plea to the kidnapping and murder charges in the sierra lemar case. >>> san francisco police arrested five people including four women in connection to a homicide where the victims were found tied up and gag and -- gagged and left in the middle of the street. one of those victims died and they have arrested two people on murder charges. three others are facing accessory after the fact to murder and they say the victims knew the suspects. >>> the sinkhole in lafayette is expected to be done earlier than expected. c.c. meyers specializes in emergency repair work and his crew started fixing that hole which opened up on mountain view drive during the last few storms. that work could be finished on christmas day but that work was supposed to be taking months. >
gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democratseads in the house of representatives. we're pleased to have her with this m us.good good morning. >> good morning. >> where are these negotiations? when they were bargaining over the grand bargain you gave the the president and your caucus did
the fiscal cliff and there are new news that there are no meetings. we will have more on the marcus and 15 minutes with rob black. >> waking up to a dry road ways and we are kicking off the drying trend that will last until the rest of your work week. we are dealing with dense fog and in the afternoon we may have some few breaks of sunshine. into the evening it will be partly cloudy and cool. i will show you how widespread it will be. >> the metering lights were activated a little bit early and we are saying the lace from 880 crossing. we're seeing some moving here despite their early activation. it is now up to 17 minutes. the rest of the commute shows like conditions for the east for wait. a little bit sluggish for interstate 580. we do not have any accidents to report on 1 01 southbound. >> developing news out of san francisco where a police chase in is with the suspect in jail and thousands of gallons of water on the street. kron 4 urs will tran joins us live from the same period will what happened? >> this suspect's head fire hydrants and ribozyme mess. they want to make sure that it
, cbs news, the white house. >> the fiscal cliff is also the topic for discussion on "face the nation." that starts at 8:30 a.m. on cbs 5. >>> now, what may be a boost for american businesses, a brisk holiday shopping season and it's under way now. fedex is gearing up for its busiest day of the year. a record 19 million packages are expected to be shipped tomorrow. that's more than double the amount handled in a typical day. fedex says most of the increase in shipments is because of a big jump in online holiday orders. >>> another holiday tradition, red kettles and salvation army bell ringers. >> both at the center of a controversy at uc berkeley. cal students are calling for a ban of the salvation army on campus, after allegations of being insensitive to lesbians and transgenders surfaced online. student leaders passed a billow posing the organization. university officials are considering a campus-wide ban of the group. the salvation army denies all of those allegations in recent statements. >>> funeral services are being held this weekend for two teenage girls shot to death in east
there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word yet if this group plans to come back to
the fiscal cliff standoff is hitting the economy. the add pressure on washington to reach >>> live look from our vollmer peak cam east bay hills bay bridge there, you can see how chilly it is in spots and you don't see fog. both those conditions are out there. mike will update you on that in a few minutes. >>> in an hour the labor department will release november jobs report analysts the unemployment rate to remain at 7.9%. economists blame everything from sandy to worries over the fiscal i cliff. >> reporter: the fiscal cliff is still three weeks ago the economy may have already taken a hit economists predict the jobs report will show employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obam
the vehicle is not in part. also late news about the fiscal cliff. a new abc washington /washington post survey saying 49 percent approval obamas handling talks to avoid the so-called fiscal quick, while only 125% of for woodhouse speaker john boehner has handled the negotiations. >> they are still at a standstill. >> thank you james yad hoo e-mail services have gotten a makeover. the new read that in boxes are user friendly. it is the company's attempt to regain some of the ground lost to globoogle . ya hoo new see all mariss mzyer is trying to give people more reason to use the company's on-line service and stick around longer. she played a key role in g male when she worked at google. the world's top e-mail service. >> coming up we will have our financial asked bird robb black. we are talking about a company called the number one spot to avoid. we will tell you why t g i friday is excited about servicing the end of the world. coming up as the kron 4 news continues traffic in san jose. 101 north bounds traffic backed up that the interchange. we are watching today's winners and losers w
some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's right. it's important to do research. >> absolutely. >> do your homework. >>> apple stock is coming off one of its worst sections on wall
locked out of the battle over the fiscal cliff. why california congresswoman nancy pelosi and other leaders are not being allowed to negotiate. ktvu channel 2 morning news continues. >>> good morning, to you. welcome to a brand new day friday december 7th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. i want to start with weather and traffic. weather rosemary orozco is in for steve. >> fair weather in the forecast. lasting through the weekend. hopefully that brings a smile to your face. tgif to you. we're off to a chilly start this morning. mostly sunny skies for the afternoon. temperatures running warm for december and it will be a trend we see for your weekend. i'll have details on this coming up in a moment. good morning, tara. >>> good morning, rosemary. here's a look at traffic through 880. the headlights are southbound as you make your way toward the hayward area. up next we have a look at the east shore freeway. the headlights you see are folks heading westbound on to the mccarthur maze and to the bay bridge toll plaza where we are starting to see
gets some new ammunition in this fight over the fiscal cliff. let's take a look -- a look at the numbers. the labor department reports 146,000 job were -- jobs were added last month. the unemployment rate reached a four-year low, 7.7%, from 7.9% the year before. democrats say the report shows the economy is improving enough that the wealthiest 2% of americans can afford a tax increase. but house speaker john boehner just talked to reporters here at the capitol. he says increasing tax rates will jeopardize the gains. he sounds very frustrated about where the talks are right now. >> this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week -- another week. >> reporter: there are reports this morning that fiscal cliff negotiations are really between president obama and speaker boehner right now. the speaker said he spoke on the phone with the president yesterday and it was a pleasant conversation. but more of the same. reporting live from wa
of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a budget. i think -- balanced budget. i think this speaks to how bad the situation is in the federal government when both parties don'tage knowledge that. as for -- don't acknowledge that. as for what's going on, just downstairs from me, speaker boehner started throwing cold water on any report that the talks were moving ahead. yes, there have been an exchange of offers. he said the last couple of days, but he said his phone call last night was a frank discussion about just how far apart they are. with 19 days left until the deadline or nine days until the end of the world, if you are look at the mine cardinal, nobody knows which way -- calendar, nobody knows which way we are headed. >> isn't this part of the we're so far apart publicly. but suddenly, they will announce miraculously they've reached a deal? >> reporter: i think for those of us here trying to cover us, it's the hardest thing to try to figure out since you are not et going the inside part of this. how muc
the fiscal cliff. in washington, emily schmidt, kron4 news you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ a fresh-cut tri tip sirloin served with a succulent lobster tail. just $16.99. sizzler. >>pam: now for today's market update. stocks post little gains amid the ongoing budget talks in washington. apple stock rebounded from yesterday's drop off. after c-e-o tim cook said the company would start making next year. gabe slate tech report which is spoken of tech report and also, the dow gained nearly 40- points to close above 13- thousand. nasdaq was up 16. and the s-and-p-500 gained five points. >> watching today's winners and losers zinga.. >> today it is a when winner? >> yes, facebook and farm ville.. relationship went sour but now, after a >
the fiscal cliff, what does it really mean for you, your money, and your safety. join us at 6:00. >>> in the rue search finds facebook may be tressing you out. people with friends from self different social circles are more likely to feel anxiety because of the pressure and expectations of the simultaneous audiences. 64% of people are friends with their exes, 56% or friends with their current significant other. that does it for us. thank you for joining us. the abc-7 news exclusive alarm clock epa is available for you android. here's a live look outside. captioned by closed captioning services inc. >>> this is "world news." tonight, the daring rescue. an american doctor from colorado taken hostage in afghanistan. lifted to safety by a special forces team in the middle of the night. tonight, we are learning one of the american warriors who helped save that doctor did not survive. >>> vanished. the breaking news tonight. the plane carrying a mexican american icon, a singer love bid so many americans,
the fiscal cliff after the president suggested a deal could be reached in a week. government issues new warning about reverse mortgages that give seniors immediate cash payment in exchange for future equity. today the obama administration will recommend seniors be careful before signing one. new starbucks likely coming to a neighborhood near you, planning to open 1500 more cafes over the next five years, averaging two ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> good morning. 5:14. live look san francisco looking across the bay into oakland and east bay, something is happening in the east bay. yes! the raiders game! [ laughing ] >> that was
. >>> the standoff over the fiscal cliff is putting jobs here in california and alison burns has more on this. >> reporter: and secretary panetta has warned the fiscal cliff would hurt our national defense. he's expected to hold a news conference any minute now. he's getting the order from the white house to brace for massive budget cut us. now, the automatic spending cuts that would kick in if congress does not reach an agreement on the fiscal cliff would force the pentagon to slice about 10% of the budget. the defense industry projects one in five defense contracts in california would be lost. the aerospace industry is projecting that 135,000 department jobs would be cut along with 90,000 jobs for a total of about 225,000 jobs lost in california over the next few years. alison burns, ktvu channel 2 news. >>> 8:16. well, today will mark the 9 oth annual lighting of the national christmas tree. president obama and his family, they will flip a switch lighting that tree this evening. neil patrick harris, remember doogie howser? he will be hosting the event. james taylor and the fray will be amo
to the "fiscal cliff" and they are far apart on the field. >> it's a pitchfork battle very contentious. >> a dogfight over a proposed dogfight in oakland. >> i can't believe people would prioritize the needs of their pets over the needs of oakland's children and families. >> from across the bay to around the world, the stories that matter on "eyewitness news this morning." >> he just knows how to play! captions by: caption colorado >>> good morning. it's wednesday, december 5. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it is 6:31. guess what, the rain is back and the doppler is lit up this morning. >> yes, it is. it's making for a wet wednesday commute for all of those people trying to get to work this morning, lawrence. >> yeah. looks like some very heavy rainfall showing up in parts of the bay area right now. this is from berkeley shot a little bit earlier this morning. the rain really coming down there. but we're seeing more rain all around the bay area. high-def doppler radar showing you very stro
. >>> and a special delivery to congress today that may turn up the heat to reach a compromise on a so called fiscal cliff. join us at 7:00 on tv 36. >>> meeting the need this holiday season. the scramble to make sure children have a happy holiday. >>> officials in palo alto are putting off a decision on a new downtown parking rule. the city council voted yesterday to suspend a zoning exception that lowers parking requirements for new development. council members are still divided on whether to review the process. >>> organizers with working partnerships say it's a real scramble every year to make sure children don't go without at their annual holiday party at the santa clara county fairgrounds. >> we've been doing it a number of years but it's always frightening to know are we going to get enough toys because the one thing we don't want are kids invited to a party, they are looking forward to it. and suddenly, santa has nothing for them. >> if you would like to support a bay area organization or charity during this holiday season, just go to, we've included information on how you can dona
the fiscal cliff. these are live pictures of the president at the business round table. he will be speaking later today to a group of native-american tribal leaders, more than 500 of them are concerned about how deep spending cuts made to avoid the fiscal cliff would affect native-american issues. and you may remember yesterday, the president met with a group of six governors on this issue. this has become the primary focus on washington. alison burns is in our d.c. newsroom with more on this. >> reporter: that's right, tori. president obama is trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal. republicans are willing to cut -- >> reporter: republicans are wil
asked general electric chairman and ceo jeff immelt for his thoughts on the looming fiscal cliff and the impact it could have on the u.s. economy. >> i'd make a couple comments. we've got to get this done now. not there are people who write and go on news shows and say we can let it lapse two weeks. that is specifically not true. we need this to get resolved now. not because because jim mcnerney will say it or jeff immelt will say it, but the millions who work for us, their lives are in flux. this is incredibly credible that we get it done now. we need revenue. everybody knows we need revenue. >> i think the president is right in asking for more revenue and therefore not extending the bush tax cuts to those with more than $250,000. >> bowles-simpson, there's not been one commission that says we can do this just on spending cuts. there has to be revenue. i think speaker boehner is the only guy that can lead us in that. >> that means you've got to take the republicans from the house of representatives and make the deal. >> and i trust that he could do it. >> we'll have more of that
. economists estimate 200,000 fewer jobs have been created this year due to uncertainty over the fiscal cliff. aides to president obama and speaker boehner met yesterday afternoon, but that meeting ended with no signs of progress. stay with abc7 morning news, 6:30 the opening bell live from the new york stock exchange. 6:45 live to jane king for an update. >>> in a few hours pearl harbor survivors as well as military and coast guard veterans will place a wreath in alameda to mark the 71st anniversary of the japanese attack on the pearl harbor base in hawaii. it will be followed by a 20 within gun salute. more than 2400 americans died when the japanese bombed pearl harbor in a surprise attack december 7th, 1941. the attack helped usher the u.s. into world war ii. 3:45 in afternoon sons and daughters of survivors will attend the 48th annual beacon lighting in honor of pearl harbor day. >>> the iphone is likely coming to t-mobile in the new year, the company says it will add apple products in 2013 the company didn't mention the iphone by name and misses say it is likely the -- >>> san francisco-
's talking about what will happen to the auto industry if the country falls off the fiscal cliff. let's take a live look now. the president's motorcade is expected to arrive any minute now, then he will be heading to detroit. there's some new hope for a deal after the president and house speaker john boehner held their first one-on-one meeting at the white house in weeks yesterday. now, both sides are mumm about the negotiations -- are mum about the negotiations but say the lines of communications are open. they have 20 minutes to reach an agreement even if they come up with a plan, the international monetary fund says a more constant solution is needed to maintain the economy. >> there's still that uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions. >> a politico poll out this morning shows president obama has the most leverage in these negotiations. he is demanding a tax increase for american households that make over $250,000 a year. and this poll shows 60% of americans support that idea. reporting live from washington, d.c., alison burn
republicans for blocking a bill to resolve the fiscal cliff crisis. congress has not compromised on whether taxes should be raised on wealthy americans to help reduce the deficit. latest version of the plan would prevent a tax hike on the first quarter million dollars of a person's earning. >> the wealthiest americans would get a tax cut on first $250,000 and families everywhere would enjoy peace of mind. senate has done their part. we're waiting for republicans and so far they have put unballoted plan that lowers rates for the wealthy americans. >> marco rubio says it will not reduce the nation's $16 trillion debt. >> officials for the proposed sonoma marin smart train are looking to get federal funding to buy more train cars. smart train is committed to go to cloverdale and larkspur but more rail cars would be needed. they report that money force the cars would come out of the budget for pedestrian and bicycle paths. bicycle advocates say it will take away two-thirds of their funding setting the plan back five years. >> three women who dined at a stockton card room saying the bill they re
for blocking a bill to resolve the fiscal cliff crisis. as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. latest senate version would prevent a tax height on the first $250,000 of earning. >> the americans will get a cut on the first $250,000 of their income and families everywhere would enjoy peace of find. the senate has done their part. we are waiting for republicans in the house to do the same thing but so far they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> republican florida senator marco rubio said tax increases will not reduce the nation's $16 trillion debt. >>> officials for the proposed sonoma rail transit project or smart train are looking to get $16.6 million in federal fund to go buy more train cars. today the press democrat reports money otherwise would be used for local pedestrian and bicycle paths. it is committed to go to cloversdale and larkspur but beyond that more rail cars would be needed to carry the load. the request is no
and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled check- up. he was born 92 years ago today. and he was born in concord over in the east bay. you might remember him for his jazz hits including the biggie "take five." >> what you might not know is that brubeck learned the piano from his mother and after leading an army band during world war ii he studied at mills college in oakland. >> i didn't know he was from the bay area. >>> just in from the labor department, new jobless claims fell sharply from a week ago as disruptions blamed on superstorm sandy diminished. new claims dropped by 25,000 last week to 370,000. that's fewer than economists had expected. and tomorrow, the first monthly jobs report since hurrica
as part of a plan to avert the fiscal cliff. >> we must reform the job killing tax code by getting rid of loopholes. our goal should be to create new taxpayers. the gop commented raising taxes won't solve the nation's 16 trillon dollar debt. the potentialal candidate in 2016 he said only economic growth and reformingen titlement programs can control the debt. >> the former florida governor said is he a democrat now. he announced that last night. he posted a photograph where he was holding a voter application. the times reported that he signed papers to change to democrat at a christmas reception at the white house. >> yesterday marked the 71st anniversary of the pearl harbor attacks and many paused to remember that faceful day. in hawaii there was a moment of silence. that surprise attack killed about 2400 people. it was the start of the united states involvement in world war ii. >>> in alameda pearl harbor survivors took part in the ceremony at the coast guard island. the 21 guard salute honored the survivors, they are still fresh for the men who were there. 91-year-old was on the w
and means committee room on capitol hill where the "fiscal cliff" standoff could be decided. we'll ask former house speaker nancy pelosi where the negotiations stand today. >> plus, john miller is learning new details about the shooter at the mall outside of portland, oregon. and we'll take you to the new york's one world trade center where right now, the crews are working to raise the spire that will make it the tallest tower in the western hemisphere. those stories and more when we see you at 7:00. >> thank you. >>> two secret santas went on a shoppping spree in the east bay. walmart shoppers are still talking about the couple who handed out gifts and cash to total strangers. they paid shoppers' store bills at the register inside a livermore walmart on friday. they bought a toy sewing machine for a little girl when they heard she wanted one. >> they're nice people and giving other people stuff they can't afford. >> the walmart manager says the couple told workers they didn't want any recognition and they didn't want to be named. very generous. >>> well, if you can't dress up your hou
who this suspect is. >> we're one day closer to the "fiscal cliff" and both sides are still far apart on a deal. >> i call it a pitchfork battle. it's very contentious. >> and a dogfight over proposed dog park in oakland. >> i can't believe that people would prioritize the needs of their pets over the needs of oakland's children and families. >> from across the bay to around the world, the stories that matter on "eyewitness news this morning." >> he just knows how to play. >>> good morning, it's wednesday, december 5. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. nearly 5:30 now on your wednesday. >>> drivers have got a wet commute this morning. let's get a quick look at the weather with lawrence. >> yeah, guys. getting stormy outside right now. in fact, a good batch of moisture just about to push onshore. our high-def doppler radar is showing you that rainfall. it will be picking up. some places already seeing moderate to heavy rainfall. but look at the yellow and orange. that batch is just about to make its way in along the peninsula. we'll talk about that plus the pros
school bond. >> we have over 10,000 schools. >> in the newsroom, phil matier, cbs 5. >>> fiscal cliff camps are sprouting up across california. congresswoman's office in san jose, local seniors rally to demand lawmakers raise taxes on bank and corporations lain off social programs. city omhi-wwork. 3 >>> developing news in san pablo. ken bastida is live with more. police still look for the gunman? >> reporter: that's right, allen. they are still trying to figure out what happened inside this apartment. as you mentioned, shots rang out. it is normally quiet here. early sunday morning when police got here they found two people's bodice -- bodies laying on the stairs here. they also found something else inside the apartment. they found their 4-year-old daughter inside safe. police say somebody in this neighborhood knows what happened and they want find out. >> in front of my mom's house on dover and i heard two loud gunshots. >> on a saturday night there are people still up watching tv, doing nightly events. we're hoping that often times a person will say i heard something but they thi
the blow if the nation does go over the "fiscal cliff" but fed chair ben bernanke says if a budget deal isn't reached, there is little the central bank can do to offset the shock of those spending increases and tax cuts. and holiday shopping is leading to more work. leading jobs placement firm says retailers added more than 465,000 seasonal workers last month. that's up 21% from a year ago. that's your moneywatch. for more, stay with in new york, i'm ashley morrison. >>> time now for a quick look at what's coming up later on "cbs this morning." norah o'donnell joins us from new york. >> good morning. great to see you. we're talking about drug smugglers today. they are getting bolder, moving up the california coast. so we are going on the ocean with the coast guard and their ships to try to stop them. also, we tip off the college basketball season, celebrating 75 years of march madness. never too early to talk about march madness. jim nance has called more final four games than anyone. we'll look back at the players, teams and march madness moments and jim nance will annou
says that won't solve a big spending problem. president obama meantmie, says congress can't tie fiscal cliff talks to upcoming debt ceiling votes. also, the military budget is on the table with a possible $500 million being set aside as a warning. stay with us, more news coming up. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ aids is going to lose. aids is going to lose. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. >> coming up at six- thirty... an update on that massive sinkhole in lafa
. the looming fiscal cliff is likely to affect this week's trading since washington has yet to make a build for the cliff. investors will also be waiting to hear from the federal reserve later this week. the fed will announce wednesday whether it will change rates. >> from a live look from our roof camera in san francisco a beautiful day today. it was a great one yesterday. 54 in san francisco currently looking for highs in the mid-60s is after them. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powerful cleaning that's family friendly. another step forward in our mission for health. ñç welcome back to the kron 4 morning new spirit we are taking a live look at walnut creek. traffic moving smoothly on 680 south bound. we're looking for a real afternoon with a high of 63 letter to day. >> men an
talks about the fiscal cliff in washington. here is a look at how the end of the day the dow was off about 13 points nearly 14 as a matter of fact. 12,00951 was closing number just shy of the 13th of march. the nasdaq drive dropped 5 1/2 point. >> and other business news nestle has reached a multi- year agreement to show disney movies as sedation finish their runs in theaters. net flicks outbid hbo, showtime and stars. the deal will lighallow net flicks to stream movies in 2016. the financial terms of the deal have not been released. >> federal antitrust regulators have given the green light for disney to acquire lucas films for $4 billion. the deal for disney to buy lucas' films and the star wars franchise was announced back in october. lucas' films founder george lucas will get half of the purchase price in cash and stock. he says he will donate most of the money to charity. >> ya hoo has purchased another silicon valley startup. on the air which is based in severs his goal is now a part of diablo. the company enables users to hold on-line video chess in a talk-show format ya hoo d
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